Filed April 29, 2020 (most recent of 3 filings on file)
Total covered: 2 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR7+ years Service code 26 · EIN 36-4317381 | Advisory (Participants) | $11,928 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 99 · EIN 84-0446259 | Other Fees | $7,563 |
Service code 99 · EIN 47-1411118 | Other Fees | $0 |
Filed as: VOYA RETIREMENT & ANNUITY COMPANY Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,593 | $67,512-7.3% | $185,823-66.3% | $93,030-32.7% |
| Participation rate | 53.6% | 67.1%-13.6pp | 81.7%-28.1pp | 73.9%-20.3pp |
| Annual return | 14.39% | 21.04%-6.6pp | 122.05%-107.7pp | 158.70%-144.3pp |
| Employer contribution / active EE | $772 | $1,783-56.7% | $5,167-85.1% | $2,706-71.5% |
| Participant deferral / active EE | $4,088 | $3,035+34.7% | $5,568-26.6% | $4,562-10.4% |
| Admin fee / account holder | $117 | $318-63.1% | $16,237-99.3% | $152-22.6% |